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May 2021

Pay Off Your Mortgage Faster

Posted on May 30, 2021 in Real Estate Tips

"House Hacking" is a term all the kids are using these days to describe paying off your mortgage faster than normal.

Most people think these are wild, crazy, risky ideas that are not actually possible. But in reality, they are simple tips that people have been doing ever since mortgages were invented.

In this video, Surrey Realtor Steve Karrasch of...

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5 Steps To Upsizing Your Personal Residence

Posted on May 27, 2021

Are you sick of your current home and need more space? Now might be the best time ever to consider moving up. But what holds people back from making a move to a larger property? It's as simple as they don't know where to start.

In this video Surrey Realtor Steve Karrasch of Macdonald Realty outlines the 5 steps you should take in order to make your...

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Stress Test Changes - June 1, 2021

Posted on May 25, 2021 in Real Estate Tips

The changes to the federally mandated Canadian Mortgage Stress Test are now official and will be coming into place on June 1, 2021.

There was however one major tweak to the proposed changes and that is something you will want to know about if you are buying with less than 20% down.

In this video REALTOR® Steve Karrasch of Macdonald Realty, covers w...

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The Cost Of Living In Surrey, BC

Posted on May 23, 2021

Can't decide if a detached home or townhouse is the right move for you? You might want to try looking at it from a monthly cost perspective to help make your choice a little more clear.

In this video, REALTOR® Steve Karrasch of Macdonald Realty analyzes two recent sales in Cloverdale and what each would cost per month if you were to buy them today...

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Here Is Would Will Happen If The Market Corrected Today!

Posted on May 16, 2021 in Real Estate Tips

Using historical data from the Fraser Valley Real Estate Board, Steve Karrasch, Surrey REALTOR® of Macdonald Realty, explains the peak to valley to peak market corrections since 2005.

Then to illustrate an example of worst case previous price corrections and time periods, you will see what you might expect if the surging Canadian Real Estate market...

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Top 3 Surrey Neighbourhoods For Families

Posted on May 13, 2021

If you are thinking about moving to Surrey BC, and you have a family, you will probably want to know which three areas come most highly recommended by local Surrey REALTOR® Steve Karrasch of Macdonald Realty.

In this video, Steve names those top three neighbourhoods, the criteria for picking them and (to be as honest as possible) some negatives abo...

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